In 2023, Corey Thomas earned $1.85M in total compensation at Rapid7, including $443.00K salary, $446.15K bonus and $956.03K in stock. Most recently acquired 428,188 shares in Feb 2025. Currently holds stock worth $27.43M. Has donated $9.14M in stock to charitable causes. Has led Rapid7 for over 13 years.
Compensation History
Annual executive compensation data for Corey Thomas, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.85M
Salary
$443.00K
Bonus
$446.15K
Other
$3.00K
Salary
$443.00KBoard Justification
The compensation program is designed to align executive compensation with company performance, emphasizing performance-based components to drive long-term value creation for stockholders.
Bonus
$446.15KBoard Justification
The annual performance bonus for 2023 was based on achieving corporate performance goals, with a payout of 70% of the target due to performance metrics not being fully met.
Other Compensation
$3.00KBoard Justification
Represents matching contributions made under the Section 401(k) plan.
Restricted Stock
Board Justification
The number of fully vested restricted stock units (RSUs) awarded in lieu of cash bonus payment for performance in 2023, granted on February 15, 2024.
Performance Metrics
The performance metrics for the 2023 bonus included Non-GAAP Operating Income Margin and Annualized Recurring Revenue (ARR).
Corey Thomas
CEO of Rapid7
Education
B.E. in electrical engineering and computer science from Vanderbilt University and an M.B.A. from Harvard Business School.
Field of Expertise
Technology & Engineering - Engineering
Sector of Economy
Technology
Born
October 1, 1976 - 49 years ago
CEO of Rapid7 for
13 years 1 month (Oct 2012 - Present)
Previous Experience
Held various roles at Rapid7, including serving as Chief Operating Officer.
Holdings
Track Corey Thomas's stock holdings and portfolio value over time.
Total Stock Sold
$84.73M
$84.73M
1,511,986 RPD shares
What if they kept their stock?
If Corey Thomas didn't sell their stock, today they would have:
Extra RPD1,511,986 shares worth $28.24M.
This is -66.67% and $56.49M less than what they got when they sold the stock.
Charitable Transactions
489,107 shares
RPD
Recent Charitable Transactions
38,835 shares
RPD
Nov 22, 2023
Charity
250,272 shares
RPD
Feb 2, 2021
Charity
200,000 shares
RPD
Aug 15, 2016
Charity
Insider Trading
Corey Thomas's recent stock transactions, purchases, and sales filed with the SEC.
428,188 shares
RPD
Feb 14, 2025
Received
$3.94M
RPD at $39.38/share
Jan 21, 2025
Sale
$2.01M
RPD at $40.18/share
Jan 2, 2025
Sale
$2.65M
RPD at $53.07/share
Mar 13, 2024
Sale
82,933 shares
RPD
Feb 15, 2024
Received
38,835 shares
RPD
Nov 22, 2023
Charity
40,838 shares
RPD
Feb 15, 2023
Received
$1.52M
RPD at $36.52/share
Dec 16, 2022
Sale
$3.13M
RPD at $37.62/share
Dec 14, 2022
Sale
$3.63M
RPD at $29.10/share
Nov 16, 2022
Sale
Rivals
Compare Corey Thomas with competitor CEOs and industry peers.
Guy Melamed
CEO of Varonis Systems
2023 Compensation
Stock
$3.84M
Salary
$400.00K
Bonus
$0.00
Other
$167.73K
Total Holdings
$27.20M
Yakov Faitelson
Founder and CEO of Varonis Systems
2023 Compensation
Stock
$10.31M
Salary
$560.00K
Bonus
$0.00
Other
$24.92K
Total Holdings
$11.63M
Sumedh Thakar
CEO of Qualys, Inc.
2023 Compensation
Stock
$6.93M
Salary
$558.33K
Bonus
$283.80K
Other
$9.61K
Total Holdings
$9.49M